The 2025-26 Budget: Governor’s Office of Business and Economic Development

Mar 18, 2025 - Recent evidence from academic research has found that the California Competes tax credit is fairly effective at increasing employment and providing an economic benefit to the state, especially relative to other tax expenditure programs in California and elsewhere.
https://lao.ca.gov/Publications/Report/5018

The 2025-26 Budget: Department of Real Estate

Mar 19, 2025 - As proposed, the Real Estate Fund was projected to end 2025-26 with a negative fund balance, as total spending ($74.9  million, which includes expenditures related to statewide administrative costs and BCSH) would exceed total resources ($73.2  million) by about $1.7  million.
https://lao.ca.gov/Publications/Report/5019

The 2025-26 Budget: EDDNext [Publication Details]

Feb 25, 2025 - These include: (1) remove extended encumbrance and expenditure deadlines; (2) add a notification period for the Joint Legislative Budget Committee to review final project documentation for the proposed Integrated Case Management System / Integrated Data Management IT project; (3) require the California Department of Technology to publish oversight reports every other month; and, (4) require EDD to provide quarterly legislative meetings.
https://lao.ca.gov/Publications/Detail/4985

The 2025-26 Budget: Office of Emergency Services—Request for Reappropriation of Law Enforcement Mutual Aid Fund Resources

Feb 24, 2025 - Under the proposal, these funds would be available for expenditure until June 30, 2029. (Unspent funds from 2022-23 and 2023-24 have already reverted.) Assessment Administration Seeks Additional Time in Pilot Phase.
https://lao.ca.gov/Publications/Report/4982

The 2025-26 Budget: EDDNext

Feb 25, 2025 - However, the 2025-26 Governor ’s budget proposes to use the same legislative oversight mechanisms as in previous fiscal years —that is, an expenditure plan to access one-quarter of project funding and quarterly progress reports.
https://lao.ca.gov/Publications/Report/4985

The 2025-26 Budget: Business, Consumer Services and Housing Agency Reorganization

Feb 25, 2025 - In establishing this process, the Legislature stated that the Governor should determine if such changes are necessary to accomplish one or more broad purposes, such as to reduce expenditures, increase efficiency, or eliminate duplications of effort.
https://lao.ca.gov/Publications/Report/4987